Selling of property of companies with the State participation

One of the most important activities of the Auction House of the Russian Federation is the sale of property, secured by state companies and corporations. AHRF has been developing this line since 2010. By the order of major Russian owners of real estate the AHRF sales at classical and e-auctions non-core, not used in the main activity of the companies released assets, namely land plots, property complexes of enterprises, residential and commercial real estate – buildings and premises of different purposes, shares and movable property – motor transport and others.

The sales of the last two years demonstrate a clear trend – a rapid growth of a number of deals of major state companies and companies with the state participation. The following can be stated with confidence: in the market of real estate appeared a new major player, which appearance will affect both a value of commercial real estate and the rules of playing in the market.

The biggest deals

By order of JSC Garrison• Territory of the former artillery factory in Marshal Blyukher Avenue in Saint Petersburg for housing constructionPlot area – 18.2 haTotal amount of the deals – 982 million RUR.

• Territory with an area of 5.9 ha for redevelopment in Gzhatskaya Street in MoscowAmount of the deal – 2.2 billion RURExcess ratio – 1.6Buyer – GC Pioneer.

By order of subsidiary company of OJSC RZhd (Russian Railways”)• Villa on the Black Sea coast Total building area – 1.2 thousand sq. mLand plot area – 2.7 thousand sq. mSale price – 186 million RURAccess ratio – 1.3.

By order of subsidiary company of PJSC Rosseti• Office building in Pushkin District of Saint PetersburgTotal building area – 3.5 thousand sq. mSale price – 115 million RURExcess ratio – 1.2.

By order of subsidiary company of JSC Rosgeology• Property complex, a building with a land plot in IrkutskTotal building area – 1.8 thousand sq. mLand plot area – 1.0 thousand sq. mSale price – 133.2 million RUR.